Requirements and due dates for JobKeeper 2.0
If you wish to apply for JobKeeper 2.0, the due date is fast approaching.
Applying with our assistance
If you require assistance with reviewing your eligibility and processing your application, please notify us immediately and complete the following by 25 October 2020:
- Ensure your payroll is up to date as of 30 Sept 2020.
- Ensure your accounting files are up to date and reconciled as of 30 Sept 2020.
Applying directly to the ATO
If you would like to review and complete the assessment and application without our assistance, please complete the below steps by 31 October 2020:
Step 1 – Assess your eligibility as an employer
Step 2 – Review your actual GST turnover decline to determine eligibility
Step 3 – Submit your decline in turnover confirmation with the ATO
Step 4 – Identify your eligible employees and/or business participants and relevant tier applicable to them
Step 5 – Pay your eligible employees at least up to the correct tier of subsidy by the due dates
Step 6 – Comply with all your monthly reporting requirements including lodging your monthly declarations to claim your subsidy.
Please contact us if you have any questions.
Business Support fund for Victoria: West Carr & Harvey update
Here’s our latest on the updates to the Business Support Fund for Victoria:
K.Booch – Kombucha with a twist!
By now you will probably have heard of the popular Kombucha, a sparkling drink with probiotics considered to be healthy and delicious. It has become a drink of choice in many cafes and restaurants.
What could be better? Well, West Carr & Harvey client, Nick Cogger from Torquay, has found a way by creating K.Booch, a Kombucha with a naturally occurring alcoholic twist.
K Booch comes in four flavours – pineapple/watermelon, blood orange, rose/raspberry and ginger/lime.
Nick believes choosing K.Booch as an alcoholic drink is better for you than other ready to drink options such as cider. He previously ran a microbrewery for five years and worked on a specific recipe to achieve the natural fermentation process for K.Booch.
Currently the only product in the local market, this new drink is gaining popularity around the region and is available nationally through independent bottle shops and nationally through the Woolworths owned BWS.
The West Carr & Harvey team are excited to support entrepreneurs on their journey to bring new and innovative product ideas to life. Congratulations Nick!
To find a stockist near you check out https://kbooch.com.au/
Free ATO webinars for business
If you are thinking about starting a new business, have just started a new business or want to update your knowledge, then the ATO’s small business webinar series is for you.
With 15 different sessions each running for approximately 45 minutes, there’s a range of topics including Single Touch payroll – Introduction and Reporting, Introduction to tax basics, Introduction to tax deductions and many more. There are typically six sessions per day, so there’s likely to be a time that suits you.
Click here for more information: https://www.ato.gov.au/General/Webinars/Small-business-webinars/